Following the headlines from France Election as Socialist leader Hollande to run a government and Greece election verdict might soar market sentiment.US futures are down more than 1 % with asia dipping more than 2 %. It has been read that Nifty will open a gap down, as more downside predicted in our outlook letter yesterday. It may be possible that Nifty may break 5000 today and even go below 5000 intraday. We will advise to go short and book profit around 5000. The Markets are in downtrend so don't get away with rally on a long side but try to short on every rally. Good luck for handsome returns. If you have question, comment it below. Our team will be happy to answer.
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2012
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May
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